Strong Execution and Market Stability Highlight KLA's Latest Financial Outcomes
Semiconductor manufacturing equipment maker KLA Corporation (NASDAQ:KLAC) reported Q1 CY2024 results topping analysts' expectations, with revenue down 3% year on year to $2.36 billion. Guidance for next quarter's revenue was also optimistic at $2.5 billion at the midpoint, 2.8% above analysts' estimates. It made a non-GAAP profit of $5.26 per share, down from its profit of $5.49 per share in the same quarter last year.
KLA Corporation (NASDAQ: KLAC) today announced that the company will review third quarter fiscal year 2024 earnings on Thursday, April 25, 2024 at 3 p.m. PT. The company's results will be published on the same day after the stock market closes, as well as supplemental disclosures including a shareholder letter and earnings slide presentation.